US-based Quinn Emanuel is slashing its summer placement intake by 80 to 90 per cent, reducing it from five to 10 students. It is said that the money could be better spent as many people see the course as a waste of time.
Quinn Emanuel, a 700-lawyer international firm, expressed the decision through an email. John Quinn, a partner of the firm, said that there was an imbalance between what the summer placement students are able to do and the high level trial work done by Quinn Emanuel Urquhart & Sullivan.
The money saved by cutting the summer placement will go instead toward assigning summer bonuses, third year students and judicial clerks who join the firm on a permanent basis.
Competing firms will be interested to see whether other litigation specialists or US firms will follow Quinn Emanuel’s example.
Quinn Emanuel has 18 offices around the world.